EUR/USD is poised to move into a higher 1.10-1.15 range through 2025, DBS’ FX analysts Philip Wee and Chang Wei Liang note. To move into a higher 1.10-1.15 range through 2025 “The European Central Bank (ECB) is unlikely to match […]
The Euro to benefit from fewer rate cuts vs the Fed – DBS Read More »
GBP/USD has the potential to trade within a higher 1.30-1.40 range through 2025, DBS’ FX analysts Philip Wee and Chang Wei Liang note. BoE to reduce interest rates slower than the Fed “In August, the 10Y yield differential between UK
British Pound’s outlook improves with its economic outlook – DBS Read More »
We now expect more aggressive rate cuts from the RBNZ with growth under pressure. We see two 50bps cuts in Q4-2024, taking the OCR to 4.25% (4.75% prior) by end-2024. We maintain our view for 125bps of cuts in 2025,
A steeper path to neutral – Standard Chartered Read More »
After the disappointing data of late, the situation on the US labor market improved markedly again in September. At the same time, the unemployment rate fell to 4.1%. Of course, individual monthly figures should not be overstated. But this report
US jobs growth accelerates again – Commerzbank Read More »
CTAs are ‘max long’ Gold and Silver, but the margin of safety against algo liquidations in Gold still remains elevated, TDS commodity analyst Daniel Ghali notes. No directional shorts remain in Gold markets “This print is the first significant challenge to the consensus
Gold and Silver are max long – TDS Read More »
A package of growth-supporting initiatives and statement form the Chinese leadership has been well received by equity markets as it raises hope of a growth rebound, Danske Bank’s analysts note. Chinese housing and private consumption growth to improve “In China
Recovery hopes rising in China – Danske Bank Read More »
EUR/USD looked expensive in light of wider rate differentials (in favour of USD) and rising risks from the Middle East and French politics. Source link FXStreet Insights Team
EUR: Negatives piling up – ING Read More »
The US Dollar (USD) could continue to rebound; there does not appear to be enough momentum for it to threaten the resistance at 7.0350. In the longer run, downward momentum is beginning to slow; if USD breaches 7.0350, it would
USD/CNH can continue to rebound – UOB Group Read More »
USD/SGD continued to trade lower, tracking the broad decline in USD, rebound in RMB and JPY. Pair was last at 1.2811, OCBC FX analysts Frances Cheung and Christopher Wong note. Broader trend remains skewed to the downside “Daily momentum
USD/SGD: Heavy bias – OCBC Read More »
OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes. Demand forecast is likely to prove too high “It shows that OPEC is convinced that oil demand will increase until
OPEC sees oil demand continuing to rise until 2050 – Commerzbank Read More »
